UK Economy Unexpectedly Shrinks In March As Recession Risks Loom
By David Milliken and William Schomberg LONDON (Reuters) – Britain’s economy unexpectedly shrank 0.1% in March after a slump in…
India Seeks To Restore Block On $725 Million Of Xiaomi’s Bank Assets
MUMBAI (Reuters) -India’s financial crime fighting agency asked a court on Thursday to re-instate a freeze on $725 million in…
Germany’s Thyssenkrupp, Japan’s NSK Mull Automotive JV
BERLIN (Reuters) – Thyssenkrupp and Japan’s NSK are considering forming an automotive joint venture, the German conglomerate said on Thursday,…
Asian shares bounce back, shrugging off inflation concerns
Asian shares bounced back Friday from losses earlier in the week, shrugging off data showing U.S. wholesale prices soared 11%…
SoftBank Posts $13 Billion FY Net Loss
By Sam Nussey TOKYO (Reuters) – SoftBank Group Corp reported on Thursday a net loss of 1.7 trillion yen ($13.12…
Philippine Economy In Solid Shape As Marcos Set To Take The Helm
By Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) -Newly-elected Philippine President Ferdinand Marcos Jr. will inherit an economy…
China fights economic slump, sticks to costly ‘zero COVID’
BEIJING (AP) — China’s leaders are struggling to reverse an economic slump without giving up anti-virus tactics that shut down…
Bitcoin Resumes Tumble, Drops Around 2%
HONG KONG (Reuters) – Bitcoin resumed its slide on Thursday, continuing to fall alongside risk assets such as tech stocks,…
Toyota Rolls Out First Battery Electric Car In Cautious Debut As Rivals Go Full-throttle
By Satoshi Sugiyama and Maki Shiraki TOKYO (Reuters) – Toyota Motor Corp rolls out its first mass-produced battery electric car…
Oil Slips More Than 1%, Dogged By Recession Fears
By Florence Tan (Reuters) -Oil prices dropped more than 1% on Thursday in a volatile week as economic concerns and…